Last update: Oct 2026

Cost of Living Comparison Between Chile and Reykjavik

For one person, living is cheaper in Chile: $1,044 a month against $4,037 in Reykjavik, rent and utilities included – about $35,900 less a year. Rent and utilities account for most of the difference.

51

Cost of Living Index in Chile
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Chile Living Index
193

Cost of Living Index in Reykjavik
Learn more

Reykjavik Living Index

Jump to prices

🇨🇱 Chile

$1,044

/mo nomad

Reykjavik

🇮🇸 Iceland

$4,037

/mo nomad

🙂 Solo nomad: Chile is 68.1% cheaper than Reykjavik without rent, and 74.1% cheaper with rent.

🙂 Family of 3: Chile is 67.8% cheaper than Reykjavik without rent, and 70.1% cheaper with rent.

Meal at Budget Restaurant

$8.01 CLP 7,815

$30.59 ISK 3,730

-73.81%

Three-Course Dinner for Two, Mid-Range

$45.38 CLP 44.2K

$136 ISK 16.5K

-66.51%

Fast Food Meal (McDonalds, etc)

$7.08 CLP 6,903

$27.08 ISK 3,302

-73.86%

Cappuccino

$2.96 CLP 2,888

$6.72 ISK 819

-55.95%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.37 CLP 1,334

$3.27 ISK 399

-58.10%

Water (0.33 liter bottle)

$0.99 CLP 967

$3.16 ISK 386

-68.67%

Local Beer (0.5 liter draught)

$3.50 CLP 3,414

$13.91 ISK 1,696

-74.84%

Imported Beer (0.33 liter bottle)

$4.21 CLP 4,107

$12.06 ISK 1,470

-65.09%

Milk (1 liter)

$1.15 CLP 1,120

$2.04 ISK 248

-43.63%

White Bread (500g)

$1.63 CLP 1,586

$4.32 ISK 527

-62.27%

Rice (white) (1kg)

$1.56 CLP 1,525

$3.67 ISK 447

-57.49%

Eggs

$3.56 CLP 3,472

$7.02 ISK 856

-49.29%

Local Cheese (1kg)

$10.33 CLP 10.1K

$22.01 ISK 2,684

-53.07%

Chicken Fillets (1kg)

$5.86 CLP 5,715

$24.70 ISK 3,012

-76.28%

Beef Round Steak (1kg)

$11.01 CLP 10.7K

$42.66 ISK 5,202

-74.19%

Apples (1kg)

$1.77 CLP 1,724

$3.37 ISK 412

-47.48%

Banana (1kg)

$1.69 CLP 1,647

$2.85 ISK 347

-40.70%

Oranges (1kg)

$1.60 CLP 1,560

$3.17 ISK 387

-49.53%

Tomato (1kg)

$1.62 CLP 1,576

$6.39 ISK 779

-74.65%

Potato (1kg)

$1.17 CLP 1,145

$4.01 ISK 489

-70.82%

Onion (1kg)

$1.43 CLP 1,393

$1.64 ISK 200

-12.80%

Lettuce (1 head)

$1.22 CLP 1,185

$3.80 ISK 463

-67.89%

Water (1.5 liter bottle)

$1.15 CLP 1,119

$1.74 ISK 212

-33.91%

Cigarettes 20 Pack (Marlboro, Camel)

$5.20 CLP 5,066

$13.80 ISK 1,682

-62.32%

Wine (Bottle)

$5.27 CLP 5,138

$23.38 ISK 2,851

-77.46%

Local Beer (0.5 liter bottle)

$1.29 CLP 1,260

$3.53 ISK 430

-63.46%

Imported Beer (0.33 liter bottle)

$2.10 CLP 2,046

$3.45 ISK 420

-39.13%

One-way Ticket (Public Transport)

$0.80 CLP 781

$5.77 ISK 704

-86.14%

Public Transport Monthly Pass (Regular Price)

$38.39 CLP 37.4K

$95.1 ISK 11.6K

-59.65%

Taxi Start (Normal Tariff)

$0.80 CLP 775

$6.63 ISK 808

-87.93%

Taxi (Normal Tariff) (1km)

$1.21 CLP 1,183

$2.79 ISK 341

-56.63%

Taxi 1hour Waiting (Normal Tariff)

$11.55 CLP 11.3K

$81.4 ISK 9,923

-85.81%

Gasoline (1 liter)

$1.44 CLP 1,408

$2.11 ISK 257

-31.75%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$18.0K CLP 17.5M

$50.8K ISK 6.2M

-64.62%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$19.6K CLP 19.2M

$52.7K ISK 6.4M

-62.75%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$113 CLP 110.6K

$88.7 ISK 10.8K

27.87%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$11.94 CLP 11.6K

$31.53 ISK 3,845

-62.13%

Internet (50+ Mbps, Unlimited Data)

$21.78 CLP 21.2K

$84.6 ISK 10.3K

-74.27%

Gym Membership (Monthly)

$35.05 CLP 34.2K

$100 ISK 12.2K

-65.08%

Tennis Court (1 Hour on Weekend)

$14.41 CLP 14.1K

$48.20 ISK 5,877

-70.10%

Cinema Ticket

$6.21 CLP 6,058

$19.87 ISK 2,424

-68.75%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$345 CLP 336.2K

$1,277 ISK 155.8K

-73.00%

International Primary School, 1 Child (Yearly)

$6,603 CLP 6.4M

$31.0K ISK 3.8M

-78.67%

Jeans (Levis 501 Or Similar)

$42.68 CLP 41.6K

$161 ISK 19.6K

-73.47%

Summer Dress (H&M, Zara, etc)

$26.52 CLP 25.9K

$64.9 ISK 7,914

-59.14%

Sport Shoes (Adidas, Nike)

$60.0 CLP 58.5K

$183 ISK 22.3K

-67.16%

Men's Leather Business Shoes

$73.3 CLP 71.4K

$254 ISK 31.0K

-71.14%

1-bedroom Apartment, City Center (Monthly)

$439 CLP 427.7K

$2,499 ISK 304.8K

-82.45%

1-bedroom Apartment, Outside City Center (Monthly)

$338 CLP 329.2K

$2,000 ISK 243.9K

-83.12%

3-bedroom Apartment, City Center (Monthly)

$749 CLP 730.7K

$3,452 ISK 421.0K

-78.29%

3-bedroom Apartment, Outside City Center (Monthly)

$601 CLP 586.5K

$2,742 ISK 334.4K

-78.07%

Buy Apartment in City Center (m2)

$2,310 CLP 2.3M

$8,001 ISK 975.7K

-71.12%

Buy Apartment Outside City Center (m2)

$2,019 CLP 2.0M

$6,249 ISK 762.1K

-67.69%

Average Monthly Net Salary (After Tax)

$673 CLP 655.8K

$4,691 ISK 572.0K

-85.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.15

8.81

-41.54%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Chile: October 4, 2026

Last update for Reykjavik: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Chile

$338 32.2%

Reykjavik

$2K 50.9% 493% $1.7K

Groceries & Markets

Chile

$221 21.1%

Reykjavik

$625 15.9% 183% $404

Eating Out

Chile

$156 14.9%

Reykjavik

$526 13.4% 237% $370

Monthly Utilities & Internet

Chile

$147 14%

Reykjavik

$205 5.2% 39.3% $58

Clothing & Footwear

Chile

$91 8.7%

Reykjavik

$298 7.6% 227% $207

Getting Around

Chile

$48 4.6%

Reykjavik

$139 3.5% 187% $90

Sport & Entertainment

Chile

$47 4.5%

Reykjavik

$140 3.6% 195% $93

Good to know

🇨🇱 Chile

🇮🇸 Reykjavik

🕒 Local time

22:40 10:40 PM

01:40 1:40 AM

3 h ahead of Chile

🌤 Weather

👥 Population

19,458,000

136,894 Capital

💱 Currency

Chilean Peso CLP $

Icelandic Króna ISK kr

📈 Exchange rate

10,000 CLP = 10.26 USD

10,000 CLP = 9.14 EUR

1,000 ISK = 8.2 USD

1,000 ISK = 7.31 EUR

Exchange rates and currency converter

ISK, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 975 CLP (1,000 CLP = 1.03 USD). 1 EUR = 1,094 CLP (10,000 CLP = 9.14 EUR).

Icelandic Króna exchange rates as of October 10, 2026: 1 USD = 122 ISK (1,000 ISK = 8.2 USD). 1 EUR = 137 ISK (1,000 ISK = 7.31 EUR).

USD to CLP in detail →

On the map

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Between locations

Chile Reykjavik 11,660 km ≈ 15 h nonstop flight

From you

Chile
Reykjavik

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Chile vs other spots: cost of living compared

Cost of Living Comparison Between Chile and Reykjavik

ISK, USD, EUR to CLP – Chilean Peso Converter

City Median Internet Speeds Comparison (Updated April 2026)

Chile

Reykjavik

Chile

Reykjavik

Chile vs other spots: cost of living compared

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